NE 2ND TERRACE, OKEECHOBEE, FL, 34972
Active5 days on marketListed Jul 17, 2026MLS #O6425962
About this home
NE 2ND TERRACE
Discover the potential of this 0.70-acre vacant residential lot located in Okeechobee, FL 34972 (Parcel ID: 1-15-36-35-0040-00030-0090). This generously sized property offers ample space to build your custom dream home, seasonal retreat, or investment property while enjoying the peaceful surroundings of Okeechobee. Conveniently located with easy access to US-98 and US-441, you'll be just minutes from shopping, dining, schools, medical facilities, and the renowned Lake Okeechobee, known for its world-class fishing, boating, and outdoor recreation. Whether you're looking to build now or invest for the future, this property presents an excellent opportunity in a growing area of Florida. Private well required for water and private septic system required for sewer. Electricity is available nearby (buyer to verify availability, utility connections, zoning, and building requirements during the due diligence period).
Facts & features
The home at a glance
0.7 ac
Lot size
Inside
Outside & construction
Community & fees
Utilities & systems
The numbers
What it really costs
Built from this home's actual numbers — the most recent property-tax bill on record — not generic estimates.
$623 /mo · 3.5% down FHA, 30-yr fixed at 6%
The assumptions
FHA is the default here because it gets you in the door with just 3.5% down. Switch to Conventional or VA below.
These numbers assume a generic buyer — your credit, down payment and loan program change them. Get the real quote in minutes:
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Run your own numbers
Estimated payment
$623/mo
Includes FHA mortgage insurance and the financed 1.75% upfront premium. Taxes reflect the most recent bill on record; insurance is a typical-Florida estimate. Your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.
The numbers that matter
The Okeechobee market
$225K → $338K
Okeechobee median sold, yr/yr
93.2%
Sale-to-list ratio (12 mo)
Median sold price, Okeechobee, trailing 36 months (3-month rolling) · live MLS data.
This home is listed 75% below the Okeechobee median. See the full Okeechobee market guide →
Paper trail
This home's history
Reality check
What actually sold near NE 2ND TERRACE
Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.
Sold · Nov ’25$275,000
10513 NW 4th Ave, FL 34972 · same community
3 bd · 2 ba · 1,344 sqft · $205/sqft · 81 DOM
Sold · Dec ’25$329,000
274 NE 106th St, FL 34972 · same community
4 bd · 2 ba · 2,116 sqft · $155/sqft · 43 DOM
Closed-sale data from the MLS, last 12 months, selected for similarity in size and location. No two homes are identical — ask us for a full comparative analysis.
Your home team
The pros in your corner
Buying a home is two conversations — the home and the money. Here’s who handles each, side by side, already working together.
Your agent
David Ramirez
Real Estate Agent · CENTURY 21 Edge
Tours, negotiation, and every question about NE 2ND TERRACE — start here.
Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for NE 2ND TERRACE — before you fall in love.
See it in person
Schedule a tour
Pick a day that works — this goes straight to David's phone and CRM.
Straight answers
NE 2ND TERRACE FAQs
What would the monthly payment be for NE 2ND TERRACE?+
With 3.5% down on a 30-year FHA loan at 6%, the all-in payment lands around $623/mo — principal and interest, the actual property-tax bill and typical Florida insurance. The payment calculator on this page lets you switch loan type (FHA, Conventional, VA) and adjust the down payment, rate and term.
What are the property taxes on NE 2ND TERRACE?+
The most recent tax bill on record (2025) was $242. A new owner's bill can differ once the sale price resets the assessed value — we can walk you through what to expect.
How does the price compare to other homes in Okeechobee?+
At $70,000, this home is listed about 75% below the Okeechobee median of $279,950. The market section on this page shows how the area is trending.
Keep looking
Similar homes nearby
Listing courtesy of SUNLAND REAL ESTATE, LLC. · Javier Santana. MLS #O6425962.
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by Stellar MLS.
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